Adani Group plans to invest USD 14 billion (Rs 1.2 lakh crore) in 2024-25 financial year through its portfolio of 11 listed companies, in developing the country’s infrastructure, according to sources. The projected capital expenditure is 40 per cent higher than its it invested in the current financial year 2023-24, which is estimated at USD … Read more
The United States has expanded its investigation into India’s Adani Group, focusing on whether the conglomerate, along with its founder Gautam Adani, may have engaged in bribery. US prosecutors are examining whether Adani entities, or individuals associated with the company, were involved in paying officials in India for favourable treatment on an energy project. The investigation, led by the … Read more
The Adani Group will invest Rs 75,000 crore in Madhya Pradesh, furthering its investments in the state, Pranav Adani, the director of Adani Enterprises Ltd. said on Friday. Pranav Adani, while speaking at the inaugural session of the Regional Industry Conclave in Ujjain said that the Adani group intends to double its investments in the … Read more